Besides the election results, this morning the news media is featuring a story about productivity in US employment rising 1.9 percent. They're not concerned about that figure (it was expected to be 1.8) as much as they are concerned with an attendant rise of 2.6 in unit labor costs. We are much more concerned with rising productivity numbers, when many employees are already stressed out and overworked.
From an economist's point of view, any rise in productivity is good. From the POV of the HR consultant, it is cause for concern about employee retention. Employers that push their people too hard will never be considered an Employer of Choice®. www.employerofchoice.com
Looking Forward. . .
Joyce Gioia-Herman
 
 
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